Barrick Gold Corporation BC is part of the metals and mining industry and trades as part of the basic materials sector. Barrick Gold Corp is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development. Its mining projects are located in North America, South America, Australia, and Africa.



Previous Intraday Performance:

The ABX shares had a previous change of 3.20% which opened at 13.00 and closed at 13.54. It moved to an intraday high of 13.59 and a low of 12.69.

SeekingAlpha:  Barrick Gold: Gold Is About To Shine Again

Historical Performance:

Over the last five trading days, ABX shares returned -0.22% and in the past 30 trading days it returned 5.01%. Over three months, it changed 23.12%. In one year it has changed -4.88% and within that year its 52 week high was 15.52 and its 52 week low was 9.53. ABX stock is 42.08% above its 52 week low.

Our calculations result in a 200 day moving average of 12.26 and a 50 day moving average of 13.08. Right now, ABX stock is trading 10.45% above its 200 day moving average.

SeekingAlpha:  Barrick Gold: Gold Is About To Shine Again

Liquidity:

The company has a market cap of $15.8b with 1.2b shares outstanding and a float of 1.2b shares. Trading volume was 22,695,284 shares and has experienced an average volume of 19,450,371 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

The last annual reported EPS for Barrick Gold Corporation BC was 1.23 which ended on 31st of December 2017, which according to the previous close, that is a PE of 11.01. Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.12. The trailing twelve month EPS reported is 0.52, which comes to a trailing twelve month PE of 26.04.

Below was the last reported diluted earnings per share:

20 0.00
20 0.00
20 0.00
20 0.00
20 0.00

The dividend per share is currently 0.28, which is a dividend yield of 2.07%. Also, the payout ratio is 53.85%, therefore the dividend is safe according to our calculations.

EPS growth is an important number as it indicates the future prospects of Barrick Gold Corporation BC.



Indicators Also to Watch:

Based on the latest filings, there is 81.50% of institutional ownership. Short-interest was 47,921,189, which was 4.10% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.97. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be -0.48.

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -2.69%, profit margin is -9.74%, price-to-sales is 1.56 and price-to-book is 1.70.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 5  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 1  : Dividend Safety Result
 1  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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